Patrick offered to sell his house to Jarrod for $500,000. Jarrod was interested but did not wish to decide immediately so he asked Patrick if he would hold the offer open for thirty days in exchange for Five Thousand Dollars. Patrick agreed in writing.

Three days later Jarrod called Patrick and told him he doubted he would purchase the property because his family was not enthusiastic about moving, but he was still trying to convince them to relocate. The next week, Patrick sold the house to Nick.

Select one:

a.

Jarrod may no longer accept the offer because Patrick changed his position when he sold the house to Nick.

b.

Jarrod may no longer accept the offer because he rejected the offer when he indicated that he "doubted he would purchase the property".

c.

Jarrod still may accept the offer because his telephone conversation did not constitute a rejection and the option period has not expired.

d.

Jarrod still may accept the offer because a rejection never terminates the power of acceptance.